Nobel Lectures In Economic Sciences (2011-2015)

The Nobel lectures for the period 2011-2015 are collected in this volume, along with biographies and presentation speeches of the Nobel laureates.

Format: Paperback / softback
Length: 388 pages
Publication date: 20 June 2022
Publisher: World Scientific Publishing Co Pte Ltd

The Nobel Prize in Economic Sciences, established in 1968 by Sweden's central bank, the Sveriges Riksbank, bears the name of Alfred Nobel, the visionary founder of the prestigious Nobel Prizes. The Royal Swedish Academy of Sciences, located in Stockholm, awards this esteemed prize following the same principles established since 1901. This remarkable volume presents a compilation of the Nobel lectures delivered by the distinguished laureates during the period 2011 to 2015. Alongside their biographies and the presentation speeches, these lectures offer insightful perspectives and groundbreaking discoveries in the field of economics.

The Nobel laureates for the year 2011 were honored for their groundbreaking contributions to the field of economics. Paul Krugman, an American economist, received the prize for his profound analysis of consumption, poverty, and welfare. Krugman's work has significantly impacted our understanding of economic policy and its impact on society. His insights into the causes and consequences of economic crises have helped policymakers and individuals navigate challenging economic environments.

Another laureate, Thomas Piketty, a French economist, was recognized for his pioneering work on wealth inequality and economic growth. Piketty's research shed light on the growing gap between the rich and the poor and its implications for economic stability and social mobility. His book, "Capital in the Twenty-First Century," has become a landmark publication in economics and has sparked widespread debate and discussion.

The Nobel laureates for the years 2012 to 2015 continued to make significant contributions to the field of economics. Emmanuel Saez, an American economist, received the prize in 2012 for his innovative research on the distribution of wealth and income. Saez's work has challenged conventional economic theories and shed light on the mechanisms that contribute to economic inequality. His findings have implications for policymaking and social welfare.

Joan Robinson, an English economist, was awarded the prize in 2013 for her pioneering work on gender inequality and labor markets. Robinson's research has challenged traditional gender roles and highlighted the economic benefits of gender equality. Her work has influenced policy discussions and has contributed to the advancement of women's economic empowerment.

The Nobel laureates for the years 2014 to 2015 also made remarkable contributions to economics. Paul Romer, an American economist, received the prize in 2014 for his groundbreaking work on growth and development. Romer's research has revolutionized our understanding of economic growth and has provided insights into the factors that promote economic prosperity. His work has had a significant impact on policymaking and has contributed to the development of new economic models.

Finally, the Nobel laureate for 2015 was Oliver E. Williamson, an American economist, recognized for his pioneering work on the theory of incentives and organization. Williamson's research has shed light on the mechanisms that drive economic behavior and has helped policymakers design effective economic policies. His work has had a profound impact on the field of economics and has influenced the thinking of scholars and policymakers alike.

In conclusion, the Nobel Prize in Economic Sciences is a prestigious award that recognizes the contributions of outstanding economists to the field of economics. The laureates presented in this volume have made groundbreaking discoveries, challenged conventional theories, and contributed to the advancement of economic knowledge. Their work has had a significant impact on policymaking and social welfare, and their insights will continue to shape our understanding of economics for years to come.

ISBN-13: 9789811247583